Examples of Original Right in a sentence
On April 29, 1988, the Board of Directors of the Company adopted a shareholder rights plan governed by the terms of a Rights Agreement (as amended and restated as of March 5, 1996, the "Original Agreement") and authorized and declared a dividend of one preferred share purchase right (an "Original Right") for each share of Common Stock, par value $.50 per share, of the Company (the "Common Stock") outstanding on May 9, 1988.
The Board of Directors of the Company has approved the amendment and restatement such that, as of April 27, 1999, each Original Right shall be deemed to be a common share purchase right (a "Right") having the rights assigned to it pursuant to this Agreement.
The Board of Directors of the Company has approved the amendment and restatement such that each Original Right shall be deemed to be a preferred share purchase right (a "Right") having the rights assigned to it pursuant to this Agreement.
The Company hereby grants the Participant ___ Performance Shares, subject to the terms and conditions of this Agreement and the Plan (the “Award”).
SUMMARY OF RIGHTS TO PURCHASE Shares of Preferred Stock On January 5, 1994 the Board of Directors of BJ Services Company (the "Company") declared a dividend of one preferred share purchase right (an "Original Right") for each outstanding share of common stock, par value $.10 per share of the Company (the "Common Stock").
The Board of Directors of the Company has approved the amendment and restatement such that as of September 1, 1999, each Original Right shall be deemed to be a common share purchase right (a “Right”) having the rights assigned to it pursuant to this Amendment.
This Agreement contains the complete ------------------ agreement between the parties and supersedes any prior understandings, agreements or representations by or between the parties, written or oral, which may have related to the subject matter hereof in any way, including, without limitation, the Original Right of First Refusal Agreement.
The Original Right of First Offer and Co-Sale Agreement has been amended in accordance with Section 5.7 of the Original Right of First Offer and Co-Sale Agreement; and the Original Right of First Offer and Co-Sale Agreement is hereby amended and restated and this Amended and Restated Right of First Offer and Co-Sale Agreement replaces the Original Right of First Offer and Co-Sale Agreement.
SUMMARY OF RIGHTS TO PURCHASE Shares of Preferred Stock On November 16, 1995, the Board of Directors of Northwest Airlines Corporation (the "Company") authorized and declared a dividend of one preferred share purchase right (an "Original Right") for each outstanding share of Class A Common Stock, par value $.01 per share, of the Company and Class B Common Stock, par value $.01 per share, of the Company.
This amount differs from the initial “strike” price of $15.00 for the Original Right.